Chiyu Uemae

Untitled

Found at Christies, Hong Kong
20th Century Art Day Sale, Lot 344
2. Dec - 2. Dec 2021
Estimate: 150.000 - 250.000 HKD
Price realised: 187.500 HKD
CHIYU UEMAE (1920 – 2018)
Untitled
signed, titled, dated and inscribed in Japanese ‘59-96 104 x 84 1996.9 1973’ (on the reverse)
mixed media and oil on woodboard
104 x 84 cm. (41 x 33 1⁄8 in.)
Painted in 1973 & 1996

Auction result well in line with expectations

This work without title by Chiyu Uemae was sold in the 20th Century Art Day Sale auction at Christies in Hong Kong in December 2021. The price achieved of HKD 187,500.00 (€ 21,238.29) was within expectations - the estimate range had previously been set by the auction house as HKD 150,000.00 – 250,000.00. Of course, this price has nothing to do with the top prices that other works by Chiyu Uemae achieve. The highest price we have observed so far was reached by the work without title in May 2018 with an auction result of HKD 2,980,000.00 (€ 325,578.41).

Auktionsergebnis im Rahmen der Erwartungen

Diese Arbeit ohne Titel von Chiyu Uemae wurde im Dezember 2021 in der Auktion 20th Century Art Day Sale bei Christies in Hong Kong versteigert. Der dabei erzielte Preis von HKD 187.500,00 (€ 21.238,29) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 150.000,00 – 250.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Chiyu Uemae erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im Mai 2018 mit einem Auktionsergebnis von HKD 2.980.000,00 (€ 325.578,41).

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